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Symphony company logo
Corporation
INTERNET | Internet Software & Services / Conferencing & Communication
symphony.com

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Founded Year

2014

Stage

Series E | Alive

Total Raised

$461M

Valuation

$0000 

Last Raised

$165M | 2 yrs ago

About Symphony

Symphony is a secure and compliant markets’ infrastructure and technology platform, where solutions are built or integrated to standardize, automate, innovate and liquefy financial services workflows. The Symphony platform is a vibrant community of over financial professionals underpinned by a trusted directory and omnichannel interactions across chat, voice, web, meetings and more.

Symphony Headquarter Location

565 5th Avenue

New York, New York, 10017,

United States

929-262-0020

Latest Symphony News

NICE And Cloud9 Partner On Next-Generation Cloud Compliance And Voice Trading Solutions, Accelerating Financial Services Digital Transformation

Sep 1, 2021

NICE And Cloud9 Partner On Next-Generation Cloud Compliance And Voice Trading Solutions, Accelerating Financial Services Digital Transformation NICE (Nasdaq: NICE) today announced it is expanding its partnership with Cloud9 Technologies ("Cloud9"), a core brand of leading financial markets' infrastructure and technology company Symphony, to integrate its cloud compliance suite with Cloud9's voice... Author: Sep 1, 2021 6:30 AM EDT NICE (Nasdaq: NICE)today announced it is expanding its partnership with Cloud9 Technologies ("Cloud9"), a core brand of leading financial markets' infrastructure and technology company Symphony , to integrate its cloud compliance suite with Cloud9's voice trading platform . The collaboration will enable financial services organizations to leverage C9's next-generation cloud-based solution which digitally transforms voice trading along with NICE's cloud compliance solutions to support compliance with relevant global regulations around capturing and surveilling Cloud9 interactions. Virtual trading floors became the norm across the financial services industry during COVID-19. Designed to support distributed workforces, C9's cloud-based voice trading platform digitally transforms trading communications, both on and off the trading floor, empowering institutional traders with efficient workflows and full voice trading functionality to instantly connect with global trading partners. As with virtually all regulated employee communications, these interactions must be captured, preserved and surveilled. NICE's end-to-end, fully integrated cloud compliance suite is the only Cloud9-compatible solution to bridge communications capture and surveillance, leveraging advanced analytics and AI technologies, like Natural Language Understanding. Chris Wooten, Executive Vice President, NICE, stated, "The Cloud9 - NICE partnership uniquely enables digital transformation of trader interactions and associated regulatory compliance functions through agile, scalable cloud-to-cloud solutions that revolutionize trader communications, while also supporting compliance with relevant global regulations." Jim Miller, COO and Head of Product at Cloud9 Technologies, said, "We are excited about this unique collaboration with NICE. At Cloud9 we deliver innovations that enable financial services firms to connect with global trading partners to conduct voice trades thousands of times every day. Combining Cloud9's rich metadata and high quality audio with NICE's cloud compliance suite enables our customers to leverage their voice communications to detect and mitigate market abuse and conduct risk, reconstruct events, and better understand the intent behind trader actions, regardless of the language traders are communicating in. Additionally, these same capabilities can be extended to other communication systems, like the Symphony cloud-based messaging and collaboration platform." To learn more:For more information on NICE's cloud compliance suite, please click here .Watch the replay of the NICE-Cloud9 joint webinar, "The Value of Voice Data in Today's Institutional Trading Ecosystem" - click here . Email compliance@niceactimize.com for more information. About Cloud9 TechnologiesCloud9 Technologies is the leading voice communication and analytics platform designed for the unique needs of the financial markets. Cloud9 developed a solution that harnesses the voice communication talk path for the trading floor of the future - offering more functionality and analytic insight than legacy hardware at a fraction of the cost. Cloud9 connects counterparties across all asset classes via a cloud-based communication platform that eliminates the infrastructure and expense associated with legacy hardware and telecommunication-based solutions, with front-office focused data and transcription, purpose-built for the financial markets. For more information, visit www.c9tec.com . Cloud 9 is a core brand of leading financial markets' infrastructure and technology company Symphony. More info at https://symphony.com/ . About NICE Financial Markets ComplianceNICE is a leading financial compliance solution provider, serving more than 90 percent of the largest investment banks globally. NICE's compliance solutions assist customers in the capture of trade conversations and trades, analyzing them for potential risk, and correlating trade conversations with trades for trade reconstruction. The company's compliance solutions make automated and intelligent holistic trade compliance programs possible and enable FSOs to more efficiently comply with regulatory requirements, including MiFID II, MAR, FX Code of Conduct, Dodd-Frank and future directives. About NICEWith NICE (Nasdaq: NICE), it's never been easier for organizations of all sizes around the globe to create extraordinary customer experiences while meeting key business metrics. Featuring the world's #1 cloud native customer experience platform, CXone, NICE is a worldwide leader in AI-powered contact center software. Over 25,000 organizations in more than 150 countries, including over 85 of the Fortune 100 companies, partner with NICE to transform - and elevate - every customer interaction. www.nice.com . Trademark Note: NICE and the NICE logo are trademarks or registered trademarks of NICE Ltd. All other marks are trademarks of their respective owners. For a full list of NICE's marks, please see: www.nice.com/nice-trademarks . Forward-Looking Statements This press release contains forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements, including the statements by Mr. Wooten are based on the current beliefs, expectations and assumptions of the management of NICE Ltd. (the "Company"). In some cases, such forward-looking statements can be identified by terms such as "believe," "expect," "seek," "may," "will," "intend," "should," "project," "anticipate," "plan," "estimate," or similar words. Forward-looking statements are subject to a number of risks and uncertainties that could cause the actual results or performance of the Company to differ materially from those described herein, including but not limited to the impact of changes in economic and business conditions, including as a result of the COVID-19 pandemic; competition; successful execution of the Company's growth strategy; success and growth of the Company's cloud Software-as-a-Service business; changes in technology and market requirements; decline in demand for the Company's products; inability to timely develop and introduce new technologies, products and applications; difficulties or delays in absorbing and integrating acquired operations, products, technologies and personnel; loss of market share; an inability to maintain certain marketing and distribution arrangements; the Company's dependency on third-party cloud computing platform providers, hosting facilities and service partners;, cyber security attacks or other security breaches against the Company; the effect of newly enacted or modified laws, regulation or standards on the Company and our products and various other factors and uncertainties discussed in our filings with the U.S. Securities and Exchange Commission (the "SEC"). For a more detailed description of the risk factors and uncertainties affecting the company, refer to the Company's reports filed from time to time with the SEC, including the Company's Annual Report on Form 20-F. The forward-looking statements contained in this press release are made as of the date of this press release, and the Company undertakes no obligation to update or revise them, except as required by law. View source version on businesswire.com: https://www.businesswire.com/news/home/20210901005446/en/ By

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Research containing Symphony

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Symphony in 3 CB Insights research briefs, most recently on Jun 24, 2021.

Expert Collections containing Symphony

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Symphony is included in 6 Expert Collections, including Unicorns- Billion Dollar Startups.

U

Unicorns- Billion Dollar Startups

832 items

F

Fintech 250

248 items

C

Capital Markets Tech

1,300 items

Companies in the capital markets tech space are providing software and/or services for investment banks, hedge funds, investment managers, and so forth. Companies included use technology across the front, middle, and back-offices and streamline all pre- and post-trade operations.

E

Enterprise SaaS

2,452 items

Software-as-a-service (SaaS) – internet based software offered as a subscription – continues to become the de facto standard for software distribution and consumption. Enterprise SaaS continues to show particular promise, emerging as one of the most well-funded categories. Startu

F

Future of Fintech 2018

22 items

The Future of Fintech 2018 is a one-of-a-kind gathering of the world's largest financial institutions, best fintech startups, and most active venture investors. This collection contains all startups, investors, moderators and speakers from the Future of Fintech 2018 lineup.

2

2018 Fintech 250

250 items

250 of the most promising private companies applying a mix of software and technology to transform the financial services industry.

Symphony Patents

Symphony has filed 9 patents.

The 3 most popular patent topics include:

  • Cryptography
  • Cryptographic protocols
  • Key management
patents chart

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11/14/2019

8/24/2021

Cryptography, Cloud infrastructure, Network file systems, Data management, Cloud storage

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Cryptography, Cloud infrastructure, Network file systems, Data management, Cloud storage

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Symphony Web Traffic

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